Cronos ID is a decentralised identity and communication layer built on Cronos. On a broad level, Cronos ID will give users the ability to send and receive information on-chain, powered by human-readable identifiers.

To achieve this, Cronos ID is powered by 3 key subprotocols: 
* Starting with our Domains, every user will have a unique on-chain identity, allowing you to find friends and exchange crypto with ease 
* The Notifications service will help the community keep track of key protocol events, alerts, NFT bids and more - gone are the days of manually checking your DApps for bids or collateral factors. 
* Finally, by leveraging Messaging, users and projects will be able to connect and communicate with each other in a safe and verifiable environment.

**Tokenomics**

$CROID is Cronos ID’s native and governance token to be utilised in Cronos ID’s broader ecosystem. Within Cronos ID Domains, users will be able to utilise $CROID tokens to purchase 3 and 4 character names at a discounted price

Cronos ID aims to provide a sustainable share of protocol revenue to our token holders:
* 40% shared to Reward Pool stakers 
* 40% allocated to the Ecosystem Treasury 
* 20% used to buyback and burn $CROID

A total of 1,000,000,000 (1 billion) $CROID tokens will be allocated as follows:
* Team 8%
* IDO 0.125%
* Community Reserve 19.9%
* Partnerships 25%
* Marketing and Ecosystem 15%
* Liquidity Management and Incentives 31.975%

**Core Utility Modules**

1. Domain Subscription Module 
Users may utilize this module to register or extend their ownership over specific domains. Users will pay in $CRO or $CROID, the native underlying chain and native protocol tokens respectively, and may receive discounts based on the durations of their domain registrations. 

2. Rewards Pool
Cronos ID domain holders can deposit their $CROID into maturity vaults to earn $CROID rewards. Users can choose between a 1-month, 9-months, 24-months, and 48-months maturity vaults to lock their $CROID. They will be rewarded with $CROID and $wCRO as staking rewards.

Cronos ID concluded its public sale on Nov 17th and started its emission on Nov 18th. $CROID is currently available for trading on VVS Finance at https://vvs.finance/swap

Read more about Cronos ID at https://docs.cronosid.xyz/

Cronos ID

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In addition to protocol changes, DFI.MONEY has also released new products, chief among which, the Vault, it describes as its “killer product.”

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